Trend Table for FSMB - First Trust Short Duration Managed Municipal ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 10	A	Strong	Up	Flat	Flat	-0.23%
Oct 9	A	Strong	Up	Flat	Flat	-0.25%
Oct 8	A	Strong	Up	Flat	Flat	-0.30%
Oct 7	A	Strong	Up	Flat	Flat	-0.15%
Oct 4	B	Strong	Up	Flat	Flat	-0.20%
Oct 3	A	Strong	Up	Up	Flat	-0.40%
Oct 2	A	Strong	Up	Up	Flat	-0.45%
Oct 1	A	Strong	Up	Up	Flat	-0.30%
Sep 30	A	Strong	Up	Flat	Flat	-0.20%
Sep 27	A	Strong	Up	Up	Flat	-0.30%